Television viewers can breathe a sigh of relief: There won't be a writers' strike after all.

Soap opera fans who were worried about the possibility of another writers' strike can rest easy because the Writers Guild of America and movie and television writers across the nation have reached a deal.

As Soap Central previously reported, writers had been threatening a strike for several months as contract negotiations loomed. And although it looked like the WGA might not cave to their demands of fairer pay, an improved family leave arrangement and other financial issues, the two sides came to an agreement just 90 minutes before the strike deadline.

The successful maneuvering on both sides helped the industry avoid yet another drawn out strike period, the last being in late 2007. As soap opera fans may recall, the four-month-long halt created chaos for the daytime industry -- one of the few genres that airs scripted material all year round.

For more information on how a writers' strike would have affected The Bold and the Beautiful, The Young and the Restless, General Hospital and Days of our Lives, as well as how the 2007 strike impacted the series, check out Soap Central's special report here.

How relieved are you that the writers’ strike has been avoided? Which daytime writing team is currently your favorite? We want to hear from you -- and there are many ways you can share your thoughts.